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U.S. GAAP Codification Accounting Topics

Accounting Courses Online 2
Review and Practice Materials

U.S. GAAP Codification Accounting Terms Accounting Textbooks
Financial Accounting Intermediate Accounting Advanced Accounting

Financial Accounting Course Review
Accounting Journal Entry Examples
Accounting Equation - Review and Examples
Double Entry Recording of Accounting Transactions
Debit Accounts
Credit Accounts
Asset Accounts
Liability Accounts
Equity Accounts
Revenue Accounts
Expense Accounts
Accounting Cycle
Accrual Basis Accounting
Examples of Financial Statements

Intermediate Accounting Course Review
Generally Accepted Accounting Principles, GAAP
Notes Receivable, Imputation of Interest
Accounting for Inventories
Inventory Valuation Methods: FIFO, LIFO
Inventory Valuation: Lower of Cost or Market
Depreciation Methods: Straight line method, Double-declining balance method
Investments in Debt and Equity Securities
Investments: Equity Method
Derivatives and Hedging, Fair Value Hedge, Cash Flow Hedge, Foreign Currency Hedge
Property, Plant and Equipment
Capitalization of Interest Costs
Accounting for Leases: Operating Lease, Capital Lease
Impairment of Assets
Intangible Assets
Impairment of Goodwill
Contingent Liabilities
Accounting for Bonds Payable
Accounting for Pension and Other Postretirement Benefits
Treasury Stock
Dividend, Stock Dividend, Stock Split
Revenue Recognition, Multiple-Element Revenue Arrangements
Share-based Payment, Stock Compensation
Income Statement
Comprehensive Income
Earnings per Share: Basic EPS, Diluted EPS
Statement of Financial Position, Balance Sheet
Statement of Cash Flows: Operating Activities, Investing Activities, Financing Activities
Financial Statement Analysis, Financial Ratios
Securities and Exchange Commission (SEC) Forms
Present Value, Future Value

Advanced Accounting Course Review
Business Combination, Acquisition Method
Goodwill, Gain from Bargain Purchase
Impairment of Goodwill
Impairment of Assets, Impairment Loss
Consolidated Financial Statements, Consolidation
Noncontrolling Interests, formerly Minority Interests
Foreign Currency Transactions, Translation of Financial Statements
Fair Value Option
Fair Value Measurement
Derivatives and Hedging, Fair Value Hedge, Cash Flow Hedge, Foreign Currency Hedge
Investments in Debt and Equity Securities
Investments: Equity Method
Advanced Topics of Revenue Recognition, Multiple-Element Revenue Arrangements
Accounting for Pension and Other Postretirement Benefits
Share-based Payment, Stock Compensation
Other Comprehensive Income
Financial Statement Analysis, Financial Ratios
Generally Accepted Accounting Principles, GAAP

Review of Accounting Topics

U.S. GAAP Codification of Accounting Standards
Accounting Standards Codification, ASC, Overview
ASC Codification 100: General Principles
ASC Codification 200: Presentation
ASC Codification 300: Assets
ASC Codification 400: Liabilities
ASC Codification 500: Equity
ASC Codification 600: Revenue
ASC Codification 700: Expenses
ASC Codification 800: Broad Transactions
ASC Codification 900: Industry

Codification Topics at the 100 Level 
Topic 105: Generally Accepted Accounting Principles

Codification Topics at the 200 Level 
Topic 205: Presentation of Financial Statements
Topic 210: Balance Sheet
Topic 215: Statement of Shareholder Equity
Topic 220: Comprehensive Income
Topic 225: Income Statement
Topic 230: Statement of Cash Flows
Topic 235: Notes to Financial Statements
Topic 250: Accounting Changes and Error Corrections
Topic 255: Changing Prices
Topic 260: Earnings per Share
Topic 270: Interim Reporting
Topic 272: Limited Liability Entities
Topic 274: Personal Financial Statements
Topic 275: Risks and Uncertainties
Topic 280: Segment Reporting

Codification Topics at the 300 Level 
Topic 305: Cash and Cash Equivalents
Topic 310: Receivables
Topic 320: Investments-Debt and Equity Securities
Topic 320-10-35: Transfers of Securities: Between Categories
Topic 323: Investments-Equity Method and Joint Ventures
Topic 325: Investments-Other
Topic 330: Inventory
Topic 340: Other Assets and Deferred Costs
Topic 350: Intangibles-Goodwill and Other
Topic 360: Property, Plant, and Equipment

Codification Topics at the 400 Level 
Topic 405: Liabilities
Topic 410: Asset Retirement and Environmental Obligations
Topic 420: Exit or Disposal Cost Obligations
Topic 430: Deferred Revenue
Topic 440: Commitments
Topic 450: Contingencies
Topic 460: Guarantees
Topic 470: Debt
Topic 480: Distinguishing Liabilities from Equity

U.S. GAAP by Codification Topic 
 105  GAAP Hierarchy 
 105  GAAP History 

 205  Presentation of Financial Statements 
 205-20 Discontinued Operations 
 210  Balance Sheet 
 210-20 Offsetting 
 220  Comprehensive Income 
 225  Income Statement 
 225-20 Extraordinary and Unusual Items 
 230  Statement of Cash Flows 
 250  Accounting Changes and Error Corrections 
 260  Earnings per Share 
 270  Interim Reporting
 310  Impairment of a Loan
 320  Investment Securities 
 320  Other-Than-Temporary Impairments, FSP FAS 115-2 
 320-10-05 Overview of Investments in Other Entities 
 320-10-35 Reclassification of Investments in Securities
 323-10 Equity Method Investments
 323-30 Investments in Partnerships and Joint Ventures 
 325-20 Cost Method Investments 
 330  Inventory

 340-20 Capitalized Advertising Costs 
 350-20 Goodwill 
 350-30 Intangibles Other than Goodwill 
 350-40 Internal-Use Software 
 350-50 Website Development Costs 
 360  Property, Plant and Equipment
 360-20 Real Estate Sales 
 410  Asset Retirement and Environmental Obligations 
 420  Exit or Disposal Cost Obligations 
 450  Contingencies 
 450-20 Loss Contingencies 
 450-30 Gain Contingencies
 480  Redeemable Financial Instruments 

 505-20 Stock Dividends, Stock Splits 
 505-30 Treasury Stock 

 605  SEC Staff Accounting Bulletin, Topic 13 
 605-25 Revenue Recognition - Multiple Element Arrangements 
 715-30 Defined Benefit Plans - Pension
 718  Share-Based Payment 
 730  Research and Development 
 730-20 Research and Development Arrangements 

 805  Business Combinations  
 810  Consolidation 
 810  Noncontrolling Interests 
 810  Consolidation of Variable Interest Entities, SFAS 167 
 815  Derivatives and Hedging Overview 

 820  Fair Value Measurements  
 820  Fair value when the markets are not active, FSP FAS 157-4
 825  Fair Value Option 

 830  Foreign Currency Matters 
 830-20 Foreign Currency Transactions 
 830-30 Translation of Financial Statements 
 835  Interest 
 835-20 Capitalization of Interest 
 835-30 Imputation of Interest 

 840  Leases 
 840-20 Operating Leases 
 840-30 Capital Leases 
 840-40 Sale-Leaseback Transactions
 845  Nonmonetary Transactions 

 855  Subsequent Events 
 860-20 Sale of Financial Assets, SFAS 166 
 860-50 Servicing Assets and Liabilities, SFAS 156 

 985-20 Costs of software to be sold  

Accounting by Topic
U.S. GAAP by Topic

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